Tag: Environmental Impact
The voluntary carbon market (VCM) is poised for a banner year, with projections indicating that it could reach a value of $3bn in 2024.
Environmental concerns are increasingly pivotal, leading businesses globally to focus on carbon emissions accounting. The CSRD's recent standards mandate more rigorous, transparent carbon accounting practices. ESG FinTech company Greenomy recently delved into carbon accounting's essence and its connection with ESRS requirements. It also highlighted traditional carbon accounting challenges and how companies can align with these new standards.
Mashreq, a prominent financial institution in the MENA region, has joined forces with Visa, a global leader in digital payments, and ecolytiq, an expert in sustainability solutions. This powerful collaboration aims to roll out a novel climate banking platform, which stands as the first of its kind in both the UAE and the broader MENA region.
In an era where climate concerns are pushing the boundaries of business norms, Climate Week has cast a spotlight on the pressing demand for sustainable action. Position Green's participation has yielded insights that are impossible to ignore: The time to respond to the environmental crisis is now.
Lloyds Bank, a renowned British financial institution, has unveiled its groundbreaking solution aimed at transforming the trade finance landscape.